OAKLAND, N.J., April 26 /PRNewswire-FirstCall/ -- The Dewey Electronics Corporation (BULLETIN BOARD: DEWY) , announced today the receipt of a delivery order for its 2kW diesel operated Military Tactical Generators (MTG) in the amount of $4.5 million.
This order was made under the 10 year indefinite-delivery/indefinite quantity contract awarded in September 2001 by the U.S. Army, CECOM, Ft. Monmouth, NJ. The delivery order is for both the AC and DC versions of the generator with shipments scheduled to begin in April 2010 and to continue for approximately one year.
The 2kW diesel operated MTG is used throughout the Department of Defense with over 14,000 fielded by Dewey since 1996.
John Dewey, President and CEO, said, "Dewey Electronics is proud of this simple and reliable diesel generator and we are grateful for the continuing confidence of the Armed Forces for our products and Company."
About The Dewey Electronics Corporation
The Dewey Electronic Corporation, founded in 1955, is a systems oriented military electromechanical development, design and manufacturing organization with a focus on compact diesel power generation solutions. The company is a small business and is located in Oakland, NJ. Visit our website at http://www.deweyelectronics.com/.
This release contains forward-looking statements as defined in Section 21E of the Securities and Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties including those involved in the Company's dependence upon its Department of Defense business, as further described in our filings under the Securities Exchange Act.
KCSA Garth Russell CONTACT: (212) 896-1250 grussell@kcsa.com http://www.kcsa.com/
Dewey Electronics Corporation
CONTACT: Garth Russell for Dewey Electronic Corporation,
+1-212-896-1250, grussell@kcsa.com, http://www.kcsa.com/
Web Site: http://www.deweyelectronics.com/
